By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: Defence stock trades near 5% upper circuit after Rs 419 crore order from Coal India, check details
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » Defence stock trades near 5% upper circuit after Rs 419 crore order from Coal India, check details

BusinessStartup

Defence stock trades near 5% upper circuit after Rs 419 crore order from Coal India, check details

Times Desk
Last updated: December 31, 2025 8:54 am
Times Desk
Published: December 31, 2025
Share
SHARE


The company recently said that it has secured new defence orders worth over Rs 100 crore to supply unmanned aerial systems.

Mumbai:

Shares of Hyderabad-based aerospace and defence company Apollo Micro Systems Ltd (AMSL) surged nearly 5 per cent on Wednesday, December 31, 2025, as the company, in a regulatory filing, stated that it has bagged an order worth Rs 419.39 crore. The stock opened in green at Rs 260.90 against the previous close of Rs 259.75 on the BSE. The stock gained further amid a spurt in trading volume of 1.45 times and touched the high of Rs 272.50, representing a gain of 4.91 per cent from the last closing. The stock has gained after two days of consecutive fall and outperformed the sector by 3.22 per cent. Technically, the stock trades higher than the 5-day, 20-day, 50-day and 200-day moving averages but lower than the 100-day moving averages.

On the National Stock Exchange (NSE), the stock started the trading session at Rs 260.60 against the previous close of Rs 259.85 and later touched a high of Rs 272.65. Last seen, the stock was trading at Rs 271.70 with a gain of 4.56 per cent. The market cap of the company stood at Rs 9,123.64 crore.

Receives order of Rs 420 crore

The company has informed exchanges that its subsidiary IDL Explosives Limited has been granted a Running Contract (RC) for the supply of bulk explosives to the Subsidiaries of Coal India Limited, amounting to Rs 4193.96 million (419 crore), and an export order value of Rs 15 million for the supply of cartridge explosives.

Bags defence orders worth over Rs 100 crore

Apollo Micro Systems Ltd (AMSL) recently said that it has secured new defence orders worth over Rs 100 crore to supply unmanned aerial systems.

The orders are to be executed within a period of four months, AMSL said in an exchange filing.

“Apollo Micro Systems Ltd has received orders amounting to Rs 1,002.47 million from a private company, deliverable to the Ministry of Defence, for the supply of unmanned aerial systems,” the filing said.

ALSO READ | Aadhaar–PAN linking deadline: What happens if you miss December 31 and step-by-step guide to link them

(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)​





Source link

This private bank to levy SMS alert charges from December: Here’s what you can do to get waiver
Market Opening Bell: Sensex tumbles 375 points, Nifty near 25,900 amid weak global cues
Good news for taxpayers: FM Sitharaman extends deadline to file revised ITR, check details
Services on the EPFO portal to be unavailable from June 26-28, here’s all you need to know | Personal-finance
Considering retirement before the 50s? 5 instruments that you can rely on for a stable second innings
TAGGED:amsl share priceApollo Micro Systems share priceCheckCircuitCoalcoal indiacroreDefencedetailsIDL ExplosivesIndiaorderstocktradesUpper
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News

APSRTC bus turns turtle, 10 injured

krutikadalvibiz
krutikadalvibiz
September 12, 2025
Congress gets notices to vacate Delhi’s 24 Akbar Road office and Youth Congress premises on Raisina Road
Bandi Sanjay continues tirade against ‘urban naxals’, bats for Hindutva ideology
Varanasi–Khajuraho Vande Bharat full route, timings, stops: Check full details here
Konkan Railway network in limbo as Union Ministry won’t absorb KRCL or let States exit: Patrons
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?